Asset Leasing Overview - blog.dyn365.wiki

Asset Leasing posting

Accounting Standard	Lease Transition	Lease Classification	Debit	Credit
US GAAP	Operating	Initial Recognition	ROU Asset	Lease Liability
US GAAP	Operating	Interest Expense	Lease Expense	Lease Liability
US GAAP	Operating	Lease Payment	Lease Liability	Payment Clearing
US GAAP	Operating	Depreciation	Lease Expense	Depreciation
US GAAP	Finance	Initial Recognition	ROU Asset	Lease Liability
US GAAP	Finance	Interest Expense	Lease Expense	Lease Liability
US GAAP	Finance	Lease Payment	Lease Liability	Payment Clearing
US GAAP	Finance	Depreciation	Depreciation Expense	Depreciation
US GAAP	Short Term / Low Value	Lease Payment	Lease Expense	Payment Clearing

Accounting Standard	Lease Transition	Lease Classification	Debit	Credit
IFRS	Finance	Initial Recognition	ROU Asset	Lease Liability
IFRS	Finance	Interest Expense	Lease Expense	Lease Liability
IFRS	Finance	Lease Payment	Lease Liability	Payment Clearing
IFRS	Finance	Depreciation	Depreciation Expense	Depreciation
IFRS	Short Term / Low Value	Lease Payment	Lease Expense	Payment Clearing